LMAO
James Delingpole 20 Jan 2016
Leonardo DiCaprio has flown by private jet to the World Economic Forum’s annual conference for sinister plutocrats and craven politicians in Davos, Switzerland, to attack the “greed” of the energy industry.“We simply cannot afford to allow the corporate greed of the coal, oil and gas industries to determine the future of humanity. Those entities with a financial interest in preserving this destructive system have denied, and even covered up the evidence of our changing climate.”Read more

*Oct 23, 2015 – Learn about the Caprio Family Crest, its Origin and History … Caprio is a name for a goat, having derived its origin from the Italian word capra. That would be derived from the Latin. Link

10 responses to “Davos WEF —common sense, not climate change”

This is the best description of climate change I’ve seen.
I wish everyone could see it and understand it.

PragerU Published on Jul 27, 2015What they haven’t told you about Climate Change
Since time immemorial, our climate has been and will always be changing. Patrick Moore explains why “climate change”, far from being a recent human-caused disaster, is, for a myriad of complex reasons, a fact of life on Planet Earth.

‘brownestudy’: yes, Energy Corporates are very greedy (the shareholders demand it), Industry flooding valleys (presuming you mean to generate energy or irrigate) and dispossessing communities is exploitative in some cases. Amazon rainforest deforestation (all in the quest for freeing land or for money) is vandalism. All true but nothing whatsoever to do with ‘Climate Change’. This ‘phobia’ is explained away by the ‘shonky science’ promoting it and the gullible people’s love of a ’cause’, regardless of the logic, science and politics behind it all. The fact is, the climate (as the clip states) is always changing and always will. But the costs of trying to avoid it happening are yet to be evaluated. In Dunedin’s case they could be horrendous in mitigating what is not happening, isn’t likely to happen, and the fact is that nothing would be lost by waiting for definitive proof of it happening, before committing and destroying hundreds of citizens’ security and fortunes. Dave Cull, if he had an ounce of ‘nous’ would clearly see that. But then he of all people is born to lead, just where is the question.

The usual way of suburb change is gradual and individual. Repair or rebuild? Same suburb or elsewhere? Individual chooses elsewhere. It’s seen in “white/middleclass flight” from neighbourhoods are get “too many” non-white/immigrant/beneficiary families moving in.
Owner-occupant proportion falls.
In the case of South Dunedin I expect some people will choose to lift their houses and re-pile or replace on concrete slab above the 20 or 30 or whatever projected flood level. Raised gardens, raised path to the door….
Some rentals won’t be worth repairing or replacing, and land value will be low. With luck the owner will be able to sell to DCC or a neighbour who would like a bigger (raised) garden!
It’s not as if one day fairly soon people in South Dunedin and the other danger areas for IPCC Version sea level rise will wake up same as the day before, open the door same as the day before, and instead of stepping onto a dry path the way they did the day before, be waist deep in the briny.
Yet another case of “DCC, Dave & other divs – butt out & breathe through your noses.”

Douglas Field Published on Jan 23, 2016The Real problems being faced at Davos
Forget the likes of DiCaprio – he is for ‘entertainment’.

China’s banking crisis looms like Banquo’s Ghost in Davos.

Unwinding of the ‘debt supercycle’ means China could become the next big domino to fall, forcing Beijing into a devaluation.

Bad debts in the Chinese banking system are four or five times higher than officially admitted and pose a mounting risk to the country’s financial stability, the world’s leading expert on debt has warned.

Harvard professor Ken Rogoff said China is the last big domino to fall as the global “debt supercycle” unwinds. This is likely to expose the sheer scale of malinvestment that has built up during the country’s $26 trillion credit bubble.

David Stockman observes:
As it happened, however, in the last few months the long reign of the global money printers has begun to sprout fractures. Over on the other side of the earth in China what had become a 20-year long $4 trillion cumulative “bid” for US treasuries and other DM fixed income securities has gone serious “offers”.

This will prove to be one of the great financial pivots of history. During the course of their stupendous inflation of China’s $30 trillion Credit Ponzi, the red suzerains of Beijing bought treasuries hand over fist and thereby kept their price rising and the volatility of the world bond market falling.

One of the great talents of the Chinese is to imitate better than the inventor.

The USA invented the creation of money when Nixon in 1971 divorced paper money from the gold standard and allowed bankers to leverage borrowings as an asset.

The Chinese have figured it out and allowed it to redevelop their housing and manufacturing assets.

The real nut in this analysis is that the ponzi scheme of modern banking has now been exposed globally by the lack of buyers. No buyers prices fall, this is true for all consumer goods, but most importantly for houses and buildings.

So if you own houses and buildings, your doomsday is coming not rapidly but typically in NZ about two years after the rest of the world.

With respect Gurglars the ‘great imitators’ were the Japanese who traditionally imitated the Chinese. The innovators and inventors were ALWAYS the Chinese. I suspect that they are still pretty good at innovation and invention.

Limiting your economy’s growth to the amount of gold extant in the world was a simple naive idea that hung on too long (hint ‘pound sterling’ a gold standard is a relatively new thing from a historical view) – that’s not to say that nations shouldn’t regulate the amount of their currency that’s created, we need more banking regulation, not less if we want a stable world economy, the GFC should have been a wakeup call.

To say that China’s only been good at copying sort of ignores history (printing presses, gunpowder, …. ) and current reality – that China can make existing things more cheaply is largely an artefact of their changing economy (just as Japan was in the 60s/70s) so they do do a lot of that – labour is cheap there at the moment, but it won’t last as their standard of living levels with ours. Already we’re seeing wonderful new hi tech stuff coming out of China – in fact we’re at a disadvantage because China is big enough that its markets can grow Chinese companies to huge sizes before they bother to start trading worldwide – look at the 1000s of different, cheap cell phone models available in China compared with the rest of the world – those chips aren’t available to western companies, largely it’s not because they are being particularly protectionist but simply because the documentation is written in Chinese, and we’re unwilling to put in the effort to learn to read it.